Private & Commercial Banking
Resources for Business Owners impacted by COVID-19 To say that the past few weeks have been unprecedented would be the biggest understatement of this very young decade. While everyone is likely to feel some impact from…
Source: The US Department of Labor, March 24, 2020 WASHINGTON, DC – Yesterday the U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin taking…
What are my options? Employee stock options can be a great way to build long term wealth and participate in the growth of a company. However, when it comes time to utilize those options there can…
Written by: Alice B. Womack, Associate Managing Director, Private Banking There are a variety of ways to save for college and the single best way to save is dependent on your financial picture. Regardless of the…
Written by: Michael Mims, Managing Director, Private banking The Prime Rate or Prime Lending Rate is generally accepted as the interest rate banks charge their best clients. Prime Lending Rate changes anytime the Federal Open Market…
Written by: Michael Mims, Managing Director, Private banking Cash Flow Planning is basically a strategic plan to review anticipated revenues / income and expenses / cash outflows over a defined period of time. Cash Flow Planning…
Debt is not a bad thing. In fact, it can actually be a good thing if managed properly. By ensuring that your debt is being proactively monitered you can better manage your taxes and ensure your…
Written by: Michael Mims, Managing Director, Private banking Banks are generally on the conservative end of the lending spectrum. Clients deposit funds into banks for safekeeping, to transact business, and earn a reasonable rate of interest…
The three major credit bureaus, Equifax, Experian and Transunion, use these 5 factors to compile a credit score which banks and creditors will use to determine your eligibility for various types of loan or credit extensions.…
When it comes to their portfolio’s investors hate to take losses. But sometimes a loss could be just what the CPA ordered. As we wrap up another strong year in the stock market many people are…